Like everyone, I have an eye on Greece right now. If the media is to be believed, if Greece defaults there will be a domino effect that will ripple around the world, starting with the impact to European banks that hold a huge amount of Greek debt, and spreading to interconnected markets, including the US. Thus, I was encouraged, reading the Greek Prime Ministers speech to find the quote which is the title of this post. Here is a guy who is willing to do the right thing, even if it is unpopular. The US is "Greece in waiting." In USA Inc ., you will find lots of data on the dangers facing the US, including this note: "Less than 15 years from now... USA Inc....would have nothing left over to spend on defense, education, infrastructure, and R&D, which today account for only 32% of USA Inc. spending, down from 69% forty years ago. This critical juncture is getting ever closer." In just 15 years, at current course and speed, entitlement programs (pensions, e